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  5. ›RFP25R-6: Jacob’s Square: 5517 Soul Ave, & 5521 Soul Ave

City of Hammond·Indiana

RFP25R-6: Jacob’s Square: 5517 Soul Ave, & 5521 Soul Ave

Closes 10/27/2025$250k – $350kRequest for Proposal
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Description

The United Neighborhoods, Inc. is soliciting qualified developers to design, finance, construct, market, and sell single‑family homes on two city‑owned parcels in Hammond, Indiana. Each lot (44 ft × 110 ft) will host one market‑rate home, with a maximum construction budget of $350,000 per parcel and a target completion date in 2026. The scope includes site preparation, architectural and engineering design, permitting, building, and eventual sale of the finished residence. • Construction budget capped at $350,000 per home (two separate contracts possible). • Project must be completed by 2026, roughly a 12‑month build window after award. • Proposals must include cost, proposed sale price, design concepts, team qualifications, and proof of financial capacity.

Attached files

Contact

Andria Lewis(Executive Director)

[email protected]

(219) 937-0200

Key dates

Opened
10/7/2025
Closes
10/27/2025
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
236117
Solicitation №
RFP25R-6

Budget estimate

$250,000 – $350,000

The RFP caps construction costs at $350,000 per parcel, which represents the maximum payment to the selected contractor. Assuming the contractor’s actual cost could range from $250,000 to the $350,000 ceiling, the probable earnings (construction fee) would fall within that band. Profit margins in residential construction typically range from 5‑15%, so total contractor revenue could be roughly $250‑350 k per home, depending on efficiencies and design choices.

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